Crush It Calendars Inc. invested this year's profits of $64,000 in a fund that matures to $84,500

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Crush It Calendars Inc. invested this year's profits of $64,000 in a fund that matures to $84,500 in two years. Calculate the nominal interest rate compounded daily and the periodic interest rate of the fund.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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